WTI . TP = 53, Calculations on a weekly channel.

BLACKBULL:WTI   West Texas Intermediate Crude Oil cash
We consider the "weekly channel".
According to my calculations there will be a return to the level of 108 (approximately). Next: the channel target (take profit level) is 53.

I can suppose about the terms: if it goes to the level of 108, it will be around September-October 2023.
Then the level of 53 will probably be reached by the end of 2024. These are my calculations are approximate in terms of time.

Good luck !

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